Light Reading

Euronews: Austria Braced for Slim Bid

Paul Rainford
1/30/2014
50%
50%

Also in today's EMEA regional roundup: Ericsson keeps investors happy; TeliaSonera falls short; BSkyB counts cost of soccer content war.

  • Could the formation of a new government in Austria last month pave the way for Mexico's Carlos Slim to begin a bid for majority control of the country's incumbent operator? That's the prediction being made in this Reuters report, which points out that a bid for Telekom Austria AG (NYSE: TKA; Vienna: TKA) would make sense for Slim following his failed attempt to take control of KPN Telecom NV (NYSE: KPN) in the Netherlands. Currently Slim holds a 27% stake in Telekom Austria, while the government's stake is slightly higher. (See Euronews: Slim Abandons KPN Bid.)

  • Ericsson AB (Nasdaq: ERIC) has produced a solid set of fourth-quarter results that have pleased investors, sending the vendor's share price up 2.8% to SEK79.55 in Thursday morning trading. Fourth-quarter sales inched up to 67 billion Swedish kronor (US$10.3 billion), from SEK66.9 billion ($10.3 billion) a year earlier, though net income for the quarter was down 6.3% at SEK6.4 billion ($985 million). However, Ericsson has lost its "king of the vendors" crown to Huawei Technologies Co. Ltd. -- over the whole of 2013 Ericsson racked up just shy of $35 billion in sales, while its Chinese rival generated nearly $40 billion.

  • Elsewhere on the Nordic front, Swedish operator TeliaSonera AB (Nasdaq: TLSN) fell short of some analysts' expectations with its fourth-quarter financials, reports Reuters. EBITDA (earnings before interest, tax, depreciation and amortization) dropped to SEK8.73 billion ($1.34 billion) from SEK9.0 billion ($1.38 billion) a year ago, as close-to-home markets failed to keep up with growth in TeliaSonera's more distant units in Eurasia and elsewhere.

  • UK satellite broadcaster Sky (NYSE, London: SKY) saw half-year pre-tax profits fall 18% to £527 million ($869 million) as it dug deep in its coffers to secure a three-year deal to show Premier League soccer matches in the face of fierce competition from BT Group plc (NYSE: BT; London: BTA), reports The Guardian. BT has been flexing its considerable financial muscle to grab a slice of the paid-for sports content action, which BSkyB has more or less dominated in recent years.

  • Norwegian group Telenor ASA (Nasdaq: TELN) has been awarded a mobile license in Myanmar, covering spectrum in the 900MHz and 2.1GHz bands and valid for 15 years. Also formally accepting a license is Middle Eastern operator Ooredoo -- see happy snap below. Myanmar has a population of 60 million, fewer than a tenth of which currently have access to mobile services. (See Telenor Awarded License in Myanmar and Myanmar Spectrum Stampede Underway.)

    His Excellency Sheikh Abdullah Bin Mohammed Bin Saud Al-Thani (wow!), Ooredoo Group chairman, formally accepts an operating license on behalf of Ooredoo Myanmar from Khin Maung Thet (left), director general of PTD. Lovin' the curtains...
    His Excellency Sheikh Abdullah Bin Mohammed Bin Saud Al-Thani (wow!), Ooredoo Group chairman, formally accepts an operating license on behalf of Ooredoo Myanmar from Khin Maung Thet (left), director general of PTD. Lovin' the curtains...

  • Infracom Italia has migrated its three former TDM and VoIP networks into a single all-IP affair courtesy of Metaswitch Networks . (See Metaswitch Gets an Italian Job.)

  • The UK's Office of Fair Trading is going after purveyors of mobile gaming apps that promote in-app purchases to the young and/or the gullible, reports the BBC. The move comes in the wake of disquiet over "bill shock" experienced by many parents of children who had been persuaded to splash out mum and dad's hard-earned cash on "power-ups" and "in-game currency." Whatever they are.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

    (0)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
    From The Founder
    Light Reading sits down at CES with the head of Cisco's service provider video business, Conrad Clemson, to discuss how NFV and cloud security relate to video, the challenge of managing 4K/8K traffic, the global expansion of Netflix and virtual reality.
    Flash Poll
    Live Streaming Video
    CLOUD / MANAGED SERVICES: Prepping Ethernet for the Cloud
    Moderator: Ray LeMaistre Panelists: Jeremy Bye, Leonard Sheahan
    LRTV Documentaries
    EANTC Tests Nokia IP Routing & Mobile Gateway VNFs for Real World Deployment

    2|9|16   |   5:08   |   (0) comments


    Nokia obtained validation of its virtualized router and virtualized mobile gateway capabilities through rigorous testing performed by EANTC. The results set a new industry benchmark for outstanding performance, scalability, resiliency and manageability. Nokia VNFs are ready for telco cloud deployment, so that service providers can accelerate mobile, business and ...
    Between the CEOs
    CEO Chat With Level 3's Jack Waters

    2|8|16   |   26:15   |   (1) comment


    Light Reading CEO and founder Steve Saunders sits down with Level 3 Communications' CTO Jack Waters to discuss hot topics like virtualization, 4K and the future of telecom...
    LRTV Custom TV
    The Composable Telco

    2|8|16   |   24:46   |   (0) comments


    Heavy Reading's Principal Analyst Caroline Chappell presents the keynote at Light Reading's 2020 Vision Executive Summit in Dublin.
    LRTV Custom TV
    Join Us at the Digital Operations Transformation Summit

    2|4|16   |   03:52   |   (0) comments


    The Digital Operations Transformation Summit on February 21, 2016 at the Crowne Plaza Barcelona Fira Centre will bring together 50 senior executives to engage in a unique debate on the opportunities and challenges presented by the transformative evolving digital landscape. RSVP now at events@lightreading.com.
    LRTV Custom TV
    Making the Test: ADVA Ensemble Connector vs. Open vSwitch

    2|4|16   |   01:28   |   (0) comments


    Light Reading, in partnership with EANTC, recently tested ADVA's Ensemble Connector, which replaces open vSwitch and offers carrier-grade capability and interoperability. The test results strengthen ADVA's credibility as a provider in the virtualization space.
    LRTV Custom TV
    Bridging the Gap Between PoCs & Deployment in NFV

    2|4|16   |   31:50   |   (0) comments


    Charlie Ashton of Wind River presents the keynote at Light Reading's 2020 Vision executive summit in Dublin.
    Between the CEOs
    CEO Chat With Mike Aquino

    2|3|16   |   17:34   |   (0) comments


    The former CEO of Overture Networks, Mike Aquino, discusses why truly open virtualization solutions provide service providers with the greatest choice.
    Shades of Ray
    MWC: Buckle Up for 5G & the IIoT

    2|2|16   |   02:28   |   (0) comments


    This year's Mobile World Congress looks set to be a 5G land grab and a chance to get down and dirty with the Industrial Internet of Things (IIoT) – but what will the 5G discussions actually be about?
    LRTV Custom TV
    Case Study: Building China's Next-Gen TV Networks

    2|2|16   |   5:01   |   (0) comments


    With over 2 billion viewers worldwide, Shenzhen Media Group is one of China's largest content producers. By partnering with Huawei and Sobey, SZMG was able to modernize media operations with the Converged News Center, a production studio that is a model for next-generation workflows.
    LRTV Custom TV
    Quad Channel Modulator Driver with 46 Gbaud Capability from MACOM

    1|28|16   |     |   (0) comments


    MACOM's MAOM-003427 is the industry's first surface-mount modulator driver with 46 Gbaud capability to support next generation 200G and 400G applications.
    LRTV Custom TV
    Video Infographic: Validating Cisco's NFV Infrastructure

    1|26|16   |   02:24   |   (1) comment


    We all know that the network of the future will be virtual, but when will virtual become a reality? This video infographic covers the four key areas in which Light Reading, in partnership with EANTC, tested Cisco's NFV infrastructure: performance, reliability, multi-service capabilities and single pane of glass management.

    For the full report, see

    Between the CEOs
    CEO Chat With Phil McKinney, CableLabs

    1|22|16   |   13:36   |   (1) comment


    At CES in Las Vegas, we met with Phil McKinney, CEO of CableLabs. Phil provides an update on the rollout of DOCSIS 3.1, his views on the future of open source and how consumer interest in virtual reality could affect network traffic.
    Upcoming Live Events
    March 10, 2016, The Cable Center, Denver, CO
    April 5, 2016, The Ritz Carlton, Charlotte, NC
    May 23, 2016, Austin, TX
    May 24-25, 2016, Austin Convention Center, Austin, TX
    All Upcoming Live Events
    Hot Topics
    Google's 5G Radio Ambitions Are Expanding
    Dan Jones, Mobile Editor, 2/5/2016
    Cincinnati Bell Joins Weight Watchers Club
    Alan Breznick, Cable/Video Practice Leader, 2/5/2016
    Yahoo & Verizon Sitting in a Tree...
    Brian Santo, Senior editor, Test & Measurement / Components, Light Reading, 2/8/2016
    Vodafone: Flexible Work Policies Boost Profits
    Sarah Thomas, Editorial Operations Director, 2/8/2016
    It's Time to Integrate OTT Video
    Alan Breznick, Cable/Video Practice Leader, 2/8/2016
    Like Us on Facebook
    Twitter Feed
    Webinar Archive
    BETWEEN THE CEOs - Executive Interviews
    Light Reading CEO and founder Steve Saunders sits down with Level 3 Communications' CTO Jack Waters to discuss hot topics like virtualization, 4K and the future of telecom...
    The former CEO of Overture Networks, Mike Aquino, discusses why truly open virtualization solutions provide service providers with the greatest choice.
    Animals with Phones
    Retro Is the Way to Be Click Here
    Some animals are too cute for smartphones.
    Live Digital Audio

    Broadband speeds are ramping up across Europe as the continent, at its own pace, follows North America towards a gigabit society. But there are many steps to take on the road to gigabit broadband availability and a number of technology options that can meet the various requirements of Europe’s high-speed fixed broadband network operators. During this radio show we will look at some of the catalysts for broadband network investments and examine the menu of technology options on offer, including vectoring and G.fast for copper plant evolution and the various deployment possibilities for FTTH/B.